Raining Cats And Blogs

What Will 2017 Hold For Upstate SC Real Estate?

The beginning of a new year is always exciting to me. It is full of hope and possibility.  I am an optimist at heart and always start the year thinking it will be a wonderful year for all!  Being a Realtor in Upstate SC, I wanted to make a few predictions for what 2017 will be like in the real estate market for our area.

In the end, I think it will be a great year for our market. As with all years, it will have it's ups and downs, but I think our area will continue to grow and prosper. Following are a few of my 2017 predictions:

  • Interest rates will rise some, but the increase may actually help the economy overall. I don't think the rates will rise so much that they will influence buyers to slow their buying.
  • Home prices will continue to increase, but at a slower pace than 2016. This is actually a good thing overall so we don't have another crash.
  • Inventory will continue to be an issue for most of 2017. Sellers are still cautious and most dont realize that prices have come up again to about where they were before the crash. 
  • Because the inventory stays low, it will continue to be a seller's market for most of 2017. This will also keep the days on market very low, but will continue to frustrate buyers since it is so hard to find a home to buy.
  • New homes will boom in our area for 2017. With lack of inventory, builders will come back to the market in force!
  • Lending will be a little easier, making it easier for the first time buyers to get in the market and own their first home. 

So there you have it, my predictions for Upstate SC ( Anderson, Greenville, Pickens and Oconee Counties of SC). What are your thoughts? How do you think the real estate market will do in 2017? 

If you are looking to buy or sell a home in the  Anderson or Greenville SC real estate areas, visit our website at www.SheilaNewtonTeam.com for tons of great information.

 

   
Sheila Newton   
Sheila Newton Team 
Berkshire Hathaway HomeServices -
C. Dan Joyner, Realtors
864-225-1205 (direct)
864-940-6377 (mobile)

www.SheilaNewtonTeam.com    


                  Follow Me on Pinterest

 

 

       
    

What Will 2017 Hold For Upstate SC Real Estate?
share
The beginning of a new year is always exciting to me. It is full of hope and possibility. I am an optimist at heart and always start the year thinking it will be a wonderful year for all! Being a Realtor in Upstate SC, I wanted to make a few… more
Back On The Market - Second Chance on This Gem - Financing Fell…
share
Totally Updated - Huge yard - Back on the market after buyer's financing fell through.. Don't miss this one again!! Overview Maps Photos $129, 900 Single Family Home Main Features 3 Bedrooms2 Full BathroomsLot: 0. 57 acre(s)Year… more
New Listing in Harbor Gate - Great Condo with Lake View and Boat Slip…
share
Harbor Gate Waterfront Condo with Boat Slip Overview Maps Photos $199, 900 Single Family Home Main Features 2 Bedrooms2 Full BathroomsMLS #: 20183222 Location 47 Harbor GateAnderson, SC 29625USA Sheila Newton Team.. more
Happy New Year 2017 Everyone!!
share
I Hope everyone has a wonderful and safe New Year's Eve tonight and a happy New Year's Day tomorrow.. Here's to a fantastic New Year in 2017 to everyone. Wishing you all a year of health, happiness, and all good things. Imagine all the… more
Sold - Anderson SC Home - Are You Ready to Sell? We have more buyers!!
share
Congrats to the new owners!! Hope they enjoy this wonderful home!! Totally updated - Brand new kitchen cabinets, counters and stainless steel appliances. Freshly refinished hardwood floors, new bathrooms and new decks on back overlooking a… more
Staging Your Home To Sell Quickly
share
Perfecting Your House for Sale in the Anderson and Greenville areas of South Carolina If you need even more information on home staging to sell your house quickly in the Anderson and Greenville areas of South Carolina, contact me and I'll assist you… more
SOLD in Less Than A Week - Thinking of Selling? We Need More Homes To…
share
Sold in Less Than A Week Overview Maps Photos $129, 900 Single Family Home Main Features 3 Bedrooms2 Full BathroomsLot: 0. 57 acre(s)Year Built: 1994MLS #: 20182823 Location 113 Canvas Back CtAnderson, SC 29626USA Sheila… more
Belton Home For Sale
share
Cute as can be home that is conveniently located between Greenville and Anderson, in Belton, SC. - 3/2 with an open floor plan and vaulted ceilings. Large bedrooms and closets and a one car attached garage as well. Nice large deck on back with… more
HUGE Workshop Included - Belton Home For Sale
share
Home with HUGE workshop/garage Overview Maps Photos $109, 900 Single Family Home Main Features 3 Bedrooms2 Full BathroomsYear Built: 2000MLS #: 20182899 Location 110 Berry Ct. Belton, SC 29627USA Sheila Newton Team.. more
Thinking of Selling Your Home - Get a Free Home Evaluation Here
share
Click on photo above for a free home evaluation Looking to Sell? We can help you get the best price for your home. Effective marketing is the key to selling your home quickly and getting the highest price. Aggressive, effective marketing of our… more